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Family Dollar Tree 247 Wesley Ave N

10,500 SF 100% Leased Retail Building Cullman, AL 35058 £1,236,064 (£118/SF) 8% Net Initial Yield

Investment Highlights

  • 2023 build to suit Family Dollar Tree
  • Corporately guaranteed lease
  • Family Dollar Tree Combo stores have proven 20% higher sales volume than non-co-branded stores
  • ±9.25 years remaining on an initial 10-year lease
  • Rent increases of $5,250 ($0.50 / SF) in all five, 5-year options
  • The subject property comes with a 20-year roof warranty

Executive Summary

BROKER OF RECORD
KYLE MATTHEWS
LIC # 000110253 - 0 (AL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
10,500 SF
Year Built
2023
Price
£1,236,064
Price Per SF
£118
Net Initial Yield
8%
NOI
£98,885
Percent Leased
100%
Number of Floors
1
Building FAR
0.24
Lot Size
1.00 AC

Links

1 of 1
(214) 692-2289

Contact

  • Listing ID: 34414724

  • Date on Market: 08/01/2025

  • Last Updated:

  • Address: 247 Wesley Ave N, Cullman, AL 35058

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© 2025 CoStar Group

Family Dollar Tree | 247 Wesley Ave N
(214) 692-2289 x

Family Dollar Tree | 247 Wesley Ave N

Josh Bishop

(214) 692-2289

(214) 692-2289

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